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Audible.com
Audible.com
is an Amazon.com subsidiary that has
grown rapidly in recent years by offering audiobook downloads. Their
product costs only 20-25% of what a CD or audiocassette costs.
Audible (www.audible.com)
is the leader in spoken audio information and entertainment on the
Internet. Content from Audible is downloaded and played back on
personal computers, CDs, or AudibleReady(R) computer-based mobile
devices. Audible has more than 50,000 hours of audio programs from
600+ content partners that include leading audiobook publishers,
broadcasters, entertainers, magazine and newspaper publishers, and
business information providers.
Audible.com is the Apple iTunes
Music Store's preeminent provider of spoken-word products for downloading or
streaming via the Web. Among the company's key business relationships are
Amazon.com, Apple Corp., Hewlett-Packard Company, Microsoft Corporation, Palm,
Inc., XM Satellite Radio, PhatNoise Inc., Creative Labs, Texas Instruments Inc.,
and VoiceAge Corporation.
Amazon.com Acquires Audible.com
- 2nd Quarter 2008...
The deal adds Audible’s
products to Amazon’s nascent digital media offerings, which it has
rolled out over the last 16 months. Customers can now download
movies, TV shows and music from Amazon instead of getting a DVD or
CD in the mail.
In the past, Amazon has sent
customers who wanted to download audiobooks to the Web site of Audible. The
acquisition would allow it to offer digital audiobooks on the Amazon site.
The move could also allow owners of
the Kindle, Amazon’s cream-colored electronic book reader, to download
audiobooks directly to the device. Amazon introduced the Kindle to great fanfare
late last year.
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